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Societe Generale Predicts ECB Will Launch Open-Ended QE Next Month

The headquarters of Societe Generale SA stand in the La Defense business district of Paris.

The headquarters of Societe Generale SA stand in the La Defense business district of Paris.

Photographer: Balint Porneczi/Bloomberg

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The European Central Bank will launch an “open-ended” quantitative easing program of asset purchases next month as part of a broader package designed to lift the euro-area’s flagging economy and stimulate inflation, according to a prediction by Societe Generale.